Originally Syndicated on May 8, 2023 @ 9:30 am
To continue travelling to European Union member states after the conflict began, South Ural Industrial Company owner Rashid Sardarov revealed his Bosnian passport and legal residency in Dubai.
The lawyers and bankers in France and Switzerland, where he has extensive holdings, now have access to this data.
Introduction to Rashid Sardarov’s High-Flying Adventure
It turned out that the person was a Bosnian citizen by mistake. Flavien de Muralt, an employee of the Swiss investment boutique Bruellan, which provides wealth management services to Sardarov, wanted to spend €500,000 on a private plane to fly from Geneva to Cannes on March 1, 2022. According to the French court documents, when declaring the funds to French customs, Sardarov disclosed his Bosnian citizenship, which the oligarch obtained in 2011, his residence permit in Dubai, and his current location in Cannes.
Rashid Sardarov brought cash into the country using his Russian passport rather than his Bosnian one, and between 2017 and 2019, French authorities enquired about it three times. Given the size of the sum, and likely out of concern for a breach of the sanctions regime, customs officials seized the money. The case was sent to a lower court in Grenoble after the Court of Cassation reviewed Flavien de Muralt and Rashid Sardarov’s appeal against the confiscation of funds.
Rashid Sardarov’s assets are held in the names of several French corporations that he and his family own. The 15-hectare Domaine du Baron Munchausen, 15 minutes from Cannes and 45 minutes from Nice Airport, has a park, stables, a riding arena, a heliport, an estate with an indoor botanical garden, guest halls, and a conference centre. Sardarov Rashid, a Bosnian, and Marianna, a Dubai resident, are the owners of the property deed through their company Les Barons. Sardarov’s family (likely his brother’s family) owns a few villas in the area around the Baron Munchausen estate. Savana, owned by Sardarov personally, is located at 50 Boulevard Stalingrad in Nice.
Rashid Sardarov, one of the 500 richest people in Russia, is interested in building a $21 billion oil refinery in Namibia. He is an oil tycoon, philanthropist, businessman, and more.
South Ural Industrial Company LLC, founded in 2004 in Moscow with a charter capital of 623.4 million rubles and run by all three of Sardarov’s children, sons Timur and Ratmir and daughter Victoria, is the most important of Sardarov’s more than 50 companies. K.ru Insert.
Rashid and Ms Sardarov, Marianna Rashid Sardarov, a Lezgin and owner of the South Ural Industrial Company and Comsar Energy Republika Srpska, who was on a shortlist of Russia’s richest people, seems to have forgotten that it is not 2013. A major scandal erupted when he announced plans to enlist Chinese investors to restart the construction of a second thermal power plant in Ulevik, Bosnia and Herzegovina.
It’s not just the general public and green activists who are unhappy. As a result of energy policies that run counter to the EU’s plan to reduce harmful emissions, Brussels has reminded the authorities of BiH and Republika Srpska that the region is already subject to the regime of European sanctions. Adding more CHPs is unnecessary.
Rashid Sardarov, a prominent figure in the Panama Papers leak, is rapidly liquidating assets and rerouting money out of Russia by doing business in Bosnia and Herzegovina. This leads to frustration with the Russian Federation’s tax and law enforcement systems. The government is wary of the oligarchs, but they haven’t gotten in the way of business yet.
There have been a few more scandals involving him that have African ties. Reputational risk: as an avid hunter, he frequently travels to the Black Continent to kill excessive numbers of elephants, hippos, and other game. Rashid Sardarov also runs some dubious but highly profitable businesses in Africa, which have caught the attention of Interpol.
Marianna Sardarov is misusing her husband’s millions on questionable art projects. While his schedule is full, Rashid Selimovich still finds time to support the arts with generous donations. For when she splurged on Nikolai Tsiskaridze, her “muse” and the leading bisexual dancer in the Russian ballet, and gave him a swanky, spacious apartment in the heart of Moscow.
Even Rashid Sardarov is not above making sweeping statements. For instance, he spent roughly $10 million on the wedding of his daughter Victoria in Prague (who, incidentally, married for love to a face controller from the Gipsy Club). Singers like Robbie Williams and others made an appearance.
Originally published: August 15, 2016, on Life.Ru. A face controller and the daughter of a Russian oligarch were married, and Robbie Williams performed at the ceremony. Victoria Sardarov, the 25-year-old daughter of oil tycoon Rashid Sardarov, recently married Anton Antonov, a former bouncer she had known for over two years. Rashid Sardarov hosted the most important event of his daughter’s life in an ancient castle in Prague, inviting several hundred guests from Moscow.
The event resembled a Satanic ball more than a wedding reception. Girls covered in fake blood and terrifying fangs greeted guests as they entered, and the invitation specified that guests should wear all black. Others came to wish the powerful family well on the holiday, including Vladimir Spivakov, Denis Matsuev, opera singer Khibla Gerzmava, designer Izeta Gadzhiyeva, Anton Tabakov’s family, and Victoria’s Secret Angel Sara Sampaio. Robbie Williams and the Norwegian band Madcon played their now-iconic song “Begin” for the bored crowd.
The Sardarov family owns the 500-hectare, 25-million-euro Gut Brunntal mountain estate in southern Lower Austria. Behind a high wall with the gold initials RS on the gate, one will find a mansion complete with an indoor pool, a large natural pond, and a detached guest house. Caring Rashid Selimovitch invited Sir Elton John to celebrate the birthday of his wife Marianna, owner of the Ru-Arts art gallery, in 2009, at the height of the economic crisis. The businessman had to shell out 1.5 million dollars for the Commander of the Order of the British Empire’s dulcet tones. K.ru Insert.
Some high-stakes disputes with rivals and business partners accompanied Rashid Sardarov’s rise to power as a Dagestani businessman and then as a Russian and global oligarch. Abductions, shootings, and murders are just some of the topics covered in the dossier on the entrepreneur, copies of which are available to all law enforcement agencies. Even now, people say, he keeps his cool when dealing with business problems.
The history of Sardarov and Kirill Seleznev, the former head criminal schemer at Gazprom Mezhregiongaz, is its narrative. Sardarov’s Chechen organized crime group stole the billion dollars he stole as part of the “business” that included stealing from the budget on unnecessary intermediaries and virtual transportation of raw materials, so he didn’t do as well as his partner.
10/18/2018 5:13:00 PM: @mskuratov South Ural Industrial Company president and Russian businessman Rashid Sardarov is amassing property on the African continent. According to The Namibian, he spent over $43 million on four farms near Windhoek. On September 28th, Sardarov bought 17 thousand hectares of farmland, donated it to the state, and is now leasing it back from the state for 99 years. Through his Swiss company, Comsar Properties SA, Sardarov acquired the farms in addition to the 28,000 hectares he had previously acquired in Namibia in 2013.
Sisa Namanje, a Namibian attorney representing Sardarov, confirmed the purchase and transfer of the farms to the government on his client’s behalf. The Minister of Land Reform “unfortunately rejected the application of Comsar SA and its proposals for the acquisition and development of the respective farms as property,” he said. procure four farms from independent sellers. The idea was shot down. However, the government authorized Sardarov to purchase four farms from private owners, donate them to the state, and lease them for 99 years at a rent equal to the annual land taxes paid by farmers.
